Articles filed under Condominiums
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Factors used to determine association reservesApr 20, 2013 4:38 am - Q. Our condominium association has set aside funds each year for our reserve fund; however, we have no idea if it is sufficient. Are there any guiding principles here? ...
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How to determine condo ownershipApr 13, 2013 4:23 am - Q. A unit in our association has been occupied by the same individual for many years. The board thought this person was the owner. Recently, that person moved out of the...
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Long-term contracts made by developer may be cancelledApr 06, 2013 4:17 am - Q. The developer of our condominium recently turned control of the association over to the owners. The board has been reviewing contracts entered into by the developer-c...
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Election of board jeopardized by proxy confusionMar 23, 2013 4:53 am - Q. The board of managers of our condominium issued a proxy to all owners in the association, along with the notice of the annual meeting. The proxy distributed by the as...
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Central School loft conversion provides lesson in suburban livingMar 17, 2013 4:00 am - Victoria Bisbikis doesn't consider herself impulsive but she broke character by plunking down a deposit immediately after seeing how the kindergarten room at the former ...
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Can a board transfer surplus out of the operating account?Mar 16, 2013 3:04 am - Q. Our homeowners association had an operating surplus at the end of the year in 2012. The declaration provides that any excess over actual operating expenses at the end...
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Ask for assessment status when purchasing a condominiumMar 09, 2013 3:12 am - Q. I am in the process of buying a unit in a homeowners association. What should I do to make sure the assessments owed by the current owner are paid in full by the clos...
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Attorney represents association board, not the homeownersMar 02, 2013 3:06 am - Q. I am a unit owner in a homeowner’s association. The association’s attorney attended a board meeting to discuss several issues with the board. During a homeowner’s for...
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Guidelines for difibrillator use will limit liabilityFeb 23, 2013 3:59 am - Q. Our association is considering installing a portable Automated External Defibrillator in the fitness center of our association. We would also train our staff as to th...
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Condo boards can regulate tobacco smoke in common areasFeb 16, 2013 4:07 am - Q. I live in a 76-unit condominium and a person who smokes recently moved into a unit on my floor. The smell of the smoke in the hall is very strong and I am concerned a...